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Oct 7, 2012
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maryland perry hall high school for at least three years and prove they or their parents pay state taxes. opponents say the law would be a financial burden on the state. they collected signatures to force the issue on to the november ballot. a recent poll of more than 800 registered voters found that 58% support the measure and 34% oppose it. >> hundreds of volunteers were hard at work in baltimore saturday for the annual day of service. the annual ricky myers day of service is run by the non-profit civic works, the 10th year for the event. volunteers helped plant gardens, clean up parks and sort through donated goods. >> the main focus of our day and focus of ricky myers life was to celebrate volunteerism and that's what makes a day like today when 400 of us get together really special. >> since its inception, close to 30,000 people have volunteered with civic works. 7:06 and 51 degrees at the airport. a new study reveals pot use his increased among teens. >> and an army veteran thought he was a shoo-in for a new position. coming up, the policy that kicked him out of the running. >> and
maryland perry hall high school for at least three years and prove they or their parents pay state taxes. opponents say the law would be a financial burden on the state. they collected signatures to force the issue on to the november ballot. a recent poll of more than 800 registered voters found that 58% support the measure and 34% oppose it. >> hundreds of volunteers were hard at work in baltimore saturday for the annual day of service. the annual ricky myers day of service is run by the...
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Oct 10, 2012
10/12
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facing the dream act graduates are more likely to land jobs, pay taxes, and their findings are not political. the dream act will appear on the ballot next month as question 4. >> eventually he will be hurtling toward the earth faster than the speed of sound. but the 50 mile per hour wind delayed the amazing flight. >> gusty winds are taking a bow and a down. that is going to be a problem. >> felix want to drop 23 miles over mexico. but for the second straight day, the wind and a real problem delayed this. the next attempt will not happen until at least thursday. >> now, weather and traffic to gather. >> a quick check of the accidents we are tracking. we will start in howard county, on eastbound 32, an accident at 95, and another southbound 295 at arundal mils. if you want to travel -- watch for a crash and the city. and that cold spring. live look at 295, showing you delays forming southbound approaching 175 down toward 32. watch for an accident at arundal mills. let us check in with ava marie. good morning. >> good morning. exciting to see all of the pumpkins, apples. all of which are in se
facing the dream act graduates are more likely to land jobs, pay taxes, and their findings are not political. the dream act will appear on the ballot next month as question 4. >> eventually he will be hurtling toward the earth faster than the speed of sound. but the 50 mile per hour wind delayed the amazing flight. >> gusty winds are taking a bow and a down. that is going to be a problem. >> felix want to drop 23 miles over mexico. but for the second straight day, the wind and...
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Oct 4, 2012
10/12
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i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools and education. establishes the beginning. there are two more debates to go. >> governor of rally is working as a surrogate for the obama team, talking to reporters after the debate. back here at home, several college campuses have to debate what parties. -- watch parties. sheldon joins us live from johns hopkins university. >> we are about a month away from the election. a lot of voters we talked to seem to be passionate about both candidates. you'll remember from the 2008 election that college-aged voters were energized and excited headed into the election. based on the conversation we have had here, the same seems
i will not reduce the taxes paid by high-income americans. >> both candidates went all over the time on occasion. let's just above the understand, we are way over our first 50 minutes. >> which focused heavily on domestic issues, the future of medicare and cutting the federal deficit. >> obamacare is on my list. i use that term with all respect. so i will get rid of that. i will stop the subsidy to pbs. pn i like pbs. >> that means you will gut our investments in schools...
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Oct 9, 2012
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meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a medical alert. the centers for disease control and prevention say as many as 13,000 people received steroid shots suspected in name national fungal meningitis outbreak. it is not clear how many are in danger and how many of the shots from especially pharmacy in massachusetts may have been contaminated. health officials have identified two more marylanders who have developed meningitis after receiving the tainted steroid injection last month. that brings the confirmed cases to five including one fatality. 105 people have been sickened by the outbreak. there have been eight deaths. theh
meeting tax revenue. but also from other indications of broader prosperity. jobs, business sales and so on. >> the state pose a gambling program has not been that effective so far in growing the economy, he said. there will be between $1.1 billion and $1.50 billion of lost spending power to charlestown alone over the next few years. he said many people are still going out of habit and others are attracted to the table games and table games attract high rollers. >> an update to a...
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Oct 4, 2012
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. >> a follow-up to an investigation, billions of tax dollars wasted on insurance providers that cheap. >> with medicare, there is a new push to crack down on fraud and investigate suspicious claims. james miller told us this week about dr. larry bernhardt's that had been making his money by ripping off medicare and billing the government insurance plan for care he did not provide. they showed how easy it is to cheat the system out of millions of dollars. a federal strike force charged 91 people including doctors and nurses with allow bread fraud schemes adding up to $429 million in false billing. the washington bureau reporter joins us at a normal day -- at an alarming rate that is causing taxpayers big time. >> medicare fraud is one of the largest of its kind in medical history. officials from state, local, and federal troops have been -- the health and human services secretary said officials are working on making it harder for crux to submit fraudulent claims. they're looking at a tougher procedures for buyers and suppliers that want to participate. >> fraud not only rob's taxpayers
. >> a follow-up to an investigation, billions of tax dollars wasted on insurance providers that cheap. >> with medicare, there is a new push to crack down on fraud and investigate suspicious claims. james miller told us this week about dr. larry bernhardt's that had been making his money by ripping off medicare and billing the government insurance plan for care he did not provide. they showed how easy it is to cheat the system out of millions of dollars. a federal strike force...
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Oct 10, 2012
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and so scratch the average republican today, and he'll say, "tax cuts, tax cuts, tax cuts." >> cut taxes. >> cutting taxes. >> make the tax cuts permanent. >> it's rank demagoguery. we should call it for what it is. if these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion when the problem is $1.3 trillion. so to stand before the public and rub raw this anti-tax sentiment, the republican party, as much as it pains me to say this, should be ashamed of themselves. >> this from ronald reagan's old budget director, architect of the largest tax cut in american history? but he doesn't let the democrats off the hook. he says he cringes when he hears the president say things like this. >> i believe we ought to make the tax cuts for the middle class permanent. >> we have now got both parties essentially telling a big lie, with a capital "b" and a capital "l," to the public, and that is that we can have all this government, 24% of g.d.p., this huge entitlement program, all of the bailouts, and yet we don't have to t
and so scratch the average republican today, and he'll say, "tax cuts, tax cuts, tax cuts." >> cut taxes. >> cutting taxes. >> make the tax cuts permanent. >> it's rank demagoguery. we should call it for what it is. if these people were all put into a room on penalty of death to come up with how much they could cut, they couldn't come up with $50 billion when the problem is $1.3 trillion. so to stand before the public and rub raw this anti-tax sentiment, the...
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Oct 3, 2012
10/12
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expected to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems felt by middle-class families. >> jake, one thing romney is likely to bring up tonight. a gaffe by vice president joe biden, where he said the middle class has been buried for the last four years. >> reporter: that's right. vice president biden tried to clean up those remarks later in the day, saying he was referring to the middle-class buried by tax policies put in by republicans. ones that romney and ryan want to go back to. but criticism of what's happened to the middle-class over the last four years is one that ryan and romney jumped on. >> mat
expected to offer a little more about his tax plan. there's been questions about the tax cuts across the board. which deductions would he eliminate? he's been practicing with that question. they would be surprised, stunned, in fact, if the 47% comments did not come up during this debate. heeds been practicing on that, as well. and lastly, this is their words, he doesn't have to win a charm conte contest, a charm offensive on this stage. he does need to connect with americans and the problems...
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Oct 4, 2012
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. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed to be very much a referendum on president obama. and mitt romney presented himself as a credible alternati alternative. george? >> that's what mitt romney wanted. >>> let's get the view from the romney camp right now. david muir covers the romney campaign. and as we said, the polls giving mitt romney the win overnight. clearly, the romney team is happy. how do they capitalize on it going forward? >> reporter: i have to tell you, george, in talking with a key adviser overnight, one of the things i was struck by was he said our supporters are going to love this. you can't underestimate what he m
. >> if the tax plan he described were a tax plan i would support, absolutely not. i'm not looking for a $5 trillion tax cut. >> now, five weeks before the election, he's saying that his big, bold idea is, never mind. >> reporter: george, up until last night, the obama campaign had succeeded in turning this from a referendum on president obama to a choice. and they were painting mitt romney as an unacceptable alternative. but that dynamic seemed to change last night. it seemed...
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. >> and do that by cutting taxes? with a big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> yeah. that was strange. >> reporter: the obama campaign, also seeking to mock mitt romney for his pledge to eliminate funding for pbs, by portraying him in a tv ad, by personally going after big bird. the ad says, mitt romney taking on our enemies, no matter where they nest. george? >> we've not seen the end of that. jake, thank you very much. >>> diane sawyer and i will have live coverage of the next big debate. the v.p. candidates go at it this thursday, at 9:00 eastern, 6:00 pacific. >>> let's go to josh and the other top stories. >> good morning, all of you. we're going to begin with new information on the growing meningitis outbreak. a ninth death is being reported in tennessee. in all, 105 cases in the 9 states you see highlighted there, are being linked to contaminated steroid shots. as many as 13,000 people may be at-risk. the shots came from a massachusetts pharmacy that mixes medications. there's a growing push to
. >> and do that by cutting taxes? with a big tax cut? >> those are yours, not mine. >> thank you very much, sir. >> yeah. that was strange. >> reporter: the obama campaign, also seeking to mock mitt romney for his pledge to eliminate funding for pbs, by portraying him in a tv ad, by personally going after big bird. the ad says, mitt romney taking on our enemies, no matter where they nest. george? >> we've not seen the end of that. jake, thank you very much....
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lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it may not always be worth it so you don't waste your money. >> if you want peace of mind a home warranty sounds like a smart move. protect you from the high cost major repairs such as water heater failure for just a few dollars a month. for some that vanishes the first time they try to use it. joe and leslie didn't want any surprise when is they bought a 25-year-old house. they spent $400 on a home warranty. when the furnace went out. >> they wouldn't cover it. >> they wouldn't. >> reporter: the gas valves weren't covered by the warranty. then when their garage door opener went out the warranty wouldn't cover tha
lastly instead of waiting for the huge refund on the tax return adjust your with holdings. >> that's your money. that's money that the government is giving back to you in the spring but why let the irs keep it? you can be saving orrin vesting this money or spending on worthwhile adventures. >> you can see about $500 with in the next two months by filing a new [inaudible]. >> home warrants have become almost standard with home sales, more than 75% now include a warranty. why it...
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Oct 2, 2012
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you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so important to the victims and to their families and why she says the administration is fighting them on it. >>> and a horrifying moment caught on video when a skateboarder and a deer collide at high speeds. i'm only in my 60's... i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest
you want a poll tax? alisyn: thanks for the spirited debate. >> god bless you, alan, and all your confusion. alisyn: thank you, guys. >>> breaking developments at the u.s./mexico border. a manhunt now underway after two border patrol agents are shot and one is killed. and up next, sean manning is a soldier who was shot six times during the massacre at fort hood. now his wife is leading the charge to get her husband and others something called combat status. why this is so...
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Oct 5, 2012
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he said in fact that they do want to race taxes a trillion dollars. i want to create good jobs in america. reporter: now, the president is hammering mitt romney today on the 5 trillion-dollar tax increase. that was the same accusation that governor romney beat back several times in denver. last night, president obama's deputy campaign director, stephanie cutter, acknowledged that that tax cut would be nowhere near $5 trillion. she did go on to say that all of the loopholes that the governor would use to try to make that revenue neutral would not bring up the total amount, but it is important to note that she did say that tax and cuts would be hard. megyn: there is some troubling news from the unemployment department on jobs. applications rose to 360,000. that is up from last week. a second report shows planned layoff 4.9% in september. yesterday the commerce department said factory orders dropped 5.2% in august. still, just a short time ago, president obama said today's report shows that the economy is headed in the right direction. >> after losing ab
he said in fact that they do want to race taxes a trillion dollars. i want to create good jobs in america. reporter: now, the president is hammering mitt romney today on the 5 trillion-dollar tax increase. that was the same accusation that governor romney beat back several times in denver. last night, president obama's deputy campaign director, stephanie cutter, acknowledged that that tax cut would be nowhere near $5 trillion. she did go on to say that all of the loopholes that the governor...
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Oct 9, 2012
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so they don't mind paying higher taxes. that was in the past. now they're very frustrated with having been painted as villains last time around. they feel like they helped obama get into office, and then they were painted as these evil wall street bankers which they think is unfair. everyone has their own opinion about what caused the financial crisis, but bankers feel like they've been painted as these villains. they also don't like the boot of government on their neck. it's a lot of the same things i hear from small business owners, saying there's too much regulation that's stopping them from doing their job. banks feel like they also have been just the butt of every regulation that's come out, and it's frustrating to them. you may think they need regulation, but this is one to have main reasons why they've lined up behind romney. megyn: you know, just talking to some wall street folks, and i know a lot of folks who were big, big obama donors last time around who have expressed disappointment in being demonized as fat cat bankers and people wh
so they don't mind paying higher taxes. that was in the past. now they're very frustrated with having been painted as villains last time around. they feel like they helped obama get into office, and then they were painted as these evil wall street bankers which they think is unfair. everyone has their own opinion about what caused the financial crisis, but bankers feel like they've been painted as these villains. they also don't like the boot of government on their neck. it's a lot of the same...
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Oct 6, 2012
10/12
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do to create jobs and i heard more of the same, stimulus, hiring more government workers and raising taxes and those things don't create jobs, they cost jobs. >> meantime on the campaign trail in ohio, president obama had the fire that was absent in the debate and saying that mitt romney was not telling the truth at the debate and trying to wiggle out of his opposition. >> and day two-- well, maybe it was extreme makeover. debate edition. but no matter what he sees, my opponent, he's a big believer in the economics. >> and president obama in his campaign hits big news saying the month of september they raised 181 million dollars. the romney campaign countering a few minutes ago in less than 48 hours after that debate performance, they raised 12 million dollars. and this could be a fight right to the finish, kelly, no question about that. >> john, i think you're right about that, but one thing is clear, mitt romney is certainly energized by wednesday night's debate. would you say? >> reporter: yeah, absolutely. the real key though and the challenge for governor romney, kelly sto keep that m
do to create jobs and i heard more of the same, stimulus, hiring more government workers and raising taxes and those things don't create jobs, they cost jobs. >> meantime on the campaign trail in ohio, president obama had the fire that was absent in the debate and saying that mitt romney was not telling the truth at the debate and trying to wiggle out of his opposition. >> and day two-- well, maybe it was extreme makeover. debate edition. but no matter what he sees, my opponent,...
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Oct 10, 2012
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he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and emoynt tese t anirdtmo ge a tes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probly be booming in the next egak gd years in oma hes o is at are are paying so much in taxes there is a lot of uncertainty going forward that we may be paying more. th united states has the highest corporate rate in the world. if wre going to be taxes the through obamaare,no uterigns wtp tto d hatre of a company whether it be a billion dollar company or a company with one hundred employees, if you're making less money you're going to have less employees. if you have less emplo that means that is one more person out of work. every person that is out o seic hinhe es, ripple effect moves down to the fact that you have to maybe layoff more people. it could be devastating going forward with tax and regulion going forward. martha: presi
he says we pay state taxes, federal sacksess, property taxes, sale and use taxes. workers compensation taxes and emoynt tese t anirdtmo ge a tes. i guess even the people who help manage the taxes will probably still have their jobs either way. what do you think about that matt? >> if you take care of taxes and regulations your jobs will probly be booming in the next egak gd years in oma hes o is at are are paying so much in taxes there is a lot of uncertainty going forward that we may be...
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Oct 3, 2012
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he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or joe biden actually tells the truth. they tell you what's on their mind like the president saying that the private sector is doing fine or telling entrepreneurs like me that we didn't build our business. why is it when they tell the truth suddenly they are taken out of context. >> there you go again to quote one of our great republican presidents. you note context of that. >> the context was worse than what he said. he said you entrepreneurs put out your chest, you think you are so smart, but you didn't build it. that's the context. >> you left out what he was talking about before that and th
he has not raised taxes. he lowered taxes on working families and small businesses. too joe biden is talking about the record of the obama-biden administration saying they are buried. jamie: will the president have tee dress this tonight? will he have to talk about why the middle class was -- will he distance himself from his policies playing a role. >> he may have to put context into biden's statement. >> why is it that whenever this administration, whether it's the president or...
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Oct 5, 2012
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let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business would give them very needed tax break, at the same time closing loopholes for wealthiest americans would assure they pay the same amount of taxes. the rally in fishersville, virginia, big rally, attended by thousands of people, he insisted president obama's plan to raise taxes on people more than $250,000 would be a job killer. here is what he said. >> he talk as about stimulus. talks about hiring more government workers. talks about the government making investments and of course he talks about raising taxes. vice president blurted out the truth today. they plan on raising taxes on the american people and that well kill jobs. we will not let that happen. we want to create jobs, not kill jobs in this country. [cheers and applause] >> reporter: governor romney also driving home the notion he is for 100% of americans. really trying to walk back from
let's handle taxes first of all. governor romney on the stump is insisting his 20% across the board reduction in tax rates would benefit and middle class and small business would give them very needed tax break, at the same time closing loopholes for wealthiest americans would assure they pay the same amount of taxes. the rally in fishersville, virginia, big rally, attended by thousands of people, he insisted president obama's plan to raise taxes on people more than $250,000 would be a job...
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Oct 10, 2012
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and for some of them even more than taxes abortion is the litmus test issue. it's also the issue on which governor romney has been absolutely totally positively the most flip floppy and squishyist. what he said yesterday was not exactly a flip flop back. it was essentially saying i don't have any legislation in mind. >> a lawyerly comment. >> at the top of my agenda. it's true. he hasn't proposed legislation and he also didn't say he would veto something that came from him. as we saw in the debate last week it is a definite shift in tone, a shift in tone that could appeal to both women voters and other independent voters who are trying to decide who this guy really is. >> chris cizilla, on that point, as to who this guy really is, andrea psaul issued a response saying -- what is your take away from all this? >> i think what he is trying to do is he understands -- and i would say this goes to the prominence of ann romney of late as well, he understands that women are absolutely essential he's not going to win them but he cannot lose the em bay wide margin. talk
and for some of them even more than taxes abortion is the litmus test issue. it's also the issue on which governor romney has been absolutely totally positively the most flip floppy and squishyist. what he said yesterday was not exactly a flip flop back. it was essentially saying i don't have any legislation in mind. >> a lawyerly comment. >> at the top of my agenda. it's true. he hasn't proposed legislation and he also didn't say he would veto something that came from him. as we...
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>> how they can justify, how they can justify raising taxes on the middle class that's been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! >> today, heavy hitters are fighting back. senator marco rubio just now in denver. >> the last four years the american middle class has been buried. those aren't my words. those happened to be the words of the distinguished vice president of the united states, mr. joe biden. no, don't boo. he's the best thing we got going, guys. >> and how's this for trail mix? mitt romney got more than he bargained for when he posed at chipotle after ordering a burrito bowl in a photo op that's an internet sensation. good day, andrea mitchell live in denver at the site of tonight's presidential debate, the first time in five years that barack obama and mitt romney are going to be face-to-face in what the local newspaper is headlining as the duel in denver. joining m
>> how they can justify, how they can justify raising taxes on the middle class that's been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states! >> today, heavy hitters are fighting back. senator marco rubio just now in denver. >> the last four years the american middle class...
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the number on his tax cut is $5 trillion. because he's talking about a 20% cut in marginal rates, eliminating the alternative minimum tax, estate tax and other deductions, $480 billion a year, $5 trillion over ten years, that's the number. then he says, you know, every day for the last 18 months, i've been talking about repealing every aspect of obama care, but actually i didn't mean it. well it's too late for that. if you repeal obama care across the board, that means that kids can no longer stay on their parents' coverage through age 26, it means that we can go back to a system of denying coverage for preexisting conditions, it means that seniors again are back on to co-pays larger co-pays as it relates to prescription drugs, and on dodd/frank, he's been saying he wants to repeal dodd/frank, andrea, every day for the last 18 months, repeal every aspect of it. dodd/frank of course is the bill that reregulated the financial system after the credit market collapsed, the catastrophic collapse of 2008. so does anybody really wan
the number on his tax cut is $5 trillion. because he's talking about a 20% cut in marginal rates, eliminating the alternative minimum tax, estate tax and other deductions, $480 billion a year, $5 trillion over ten years, that's the number. then he says, you know, every day for the last 18 months, i've been talking about repealing every aspect of obama care, but actually i didn't mean it. well it's too late for that. if you repeal obama care across the board, that means that kids can no longer...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> ah, the bay area teams stay alive in baseball's playoff. we're going to start with oakland against detroit. ace center fielder coco crisp -- i like saying that name -- made the defensive play of the night when he jumped at the wall and caught prince fielder's blast. take another look at it. there it is. the a's used great fielding and pitching to shut out the tigers, 2-0. the team will play game four of their series tonight. detroit leads 2-1. >>> the giants and the reds went to extra innings in cincinnati. reds' third baseman scott rolen bobbled a grounder. there it is, allowing buster posey to score. the giants took a 2-1 lead into the bottom of the tenth and then held on to win the game. the reds host the giants this afternoon, leading the series 2-1. >>> ben balt competes like any other boy, even com
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> ah, the bay area teams stay alive in baseball's playoff. we're going to start with oakland against detroit. ace center fielder coco crisp -- i like saying that name -- made the defensive play of the night...
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last four years, how in lord's name can they justify raising their taxes with these tax cuts. >> dan, look, there is plenty of fodder for this debate without that. but since that is so 11th hour, is that expected to be played up heavily tonight? >> i don't think the obama campaign doesn't think this will be a distraction, but perhaps this will be something that governor mitt romney will jump on at some point during the debate. it is interesting, the vice president made those comments yesterday while campaigning in north carolina. and right after that, the romney campaign jumped all over those remarks. in fact, they put together a conference call to draw attention to that. the obama campaign fighting back saying that's an act of desperation and what the vice president was talking about is that there was this climate over the last four years that were created by decisions that were made in the previous administration. and so, again, they don't see it as a distraction, but i wouldn't be surprised if it didn't come up tonight. >> all right, dan lothian, live for us in denver, a long day
last four years, how in lord's name can they justify raising their taxes with these tax cuts. >> dan, look, there is plenty of fodder for this debate without that. but since that is so 11th hour, is that expected to be played up heavily tonight? >> i don't think the obama campaign doesn't think this will be a distraction, but perhaps this will be something that governor mitt romney will jump on at some point during the debate. it is interesting, the vice president made those...
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because he wants to keep open the tax loopholes that encourage jobs overseas. i want to make sure that we're providing tax breaks from companies right here in america. i want to help big factories and small businesses double their exports. i want more goods stamped with made in america. i want to create 1 million new manufacturing jobs in the next four years. >> obama care is point number one. it is the example number one where he wants to put bureaucrats between you and your doctor, he believes that the government should tell you what kind of insurance you have to have. he believes that government should have a board of people that tell you what kind of care you can receive. my view is we fight for freedom in this country, i do not want an intrusive massive larger debt spending government that crushes the american dream. >> they like to call it obama care, well, let me tell you, i do care. i care about all the young people who are able to stay on their parents' plans now. i care about the seniors who are seeing lower prescription drug costs. i care about folks
because he wants to keep open the tax loopholes that encourage jobs overseas. i want to make sure that we're providing tax breaks from companies right here in america. i want to help big factories and small businesses double their exports. i want more goods stamped with made in america. i want to create 1 million new manufacturing jobs in the next four years. >> obama care is point number one. it is the example number one where he wants to put bureaucrats between you and your doctor, he...
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federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, by the way. lower the exemptions to create more jobs because there's nothing better for getting us to a balanced budget than having more people working, earning more money, paying more taxes. that's by far the most effective and efficient way to get this budget balanced. >> jim, you may want to move on to another topic, but i would just say this to the american people. if you believe that we can cut taxes by $5 trillion and add $2 trillion in additional spending that the military is not asking for, $7 trillion, just to give you a sense over ten years, that's more than our entire defense budget, and you think
federal income tax, federal payroll tax, state income tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. so what i do is i bring down the tax rates, lower deductions and exemptions, the same idea behind bowles-simpson, by the way....
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tax cut across the board. mitt romney never specified the deductions that he discusses and doesn't give specifications on, to say i don't have a tax cut is surreal and the president with malpractice not pushing back on that and demanding specifics. >> some of the president's supporters said he needed a cup of coffee or two after watching that. let's listen to this from the president, guys and then, john, i want your thoughts on this one. >> does anybody out there think that the big problem we had is that there was too much oversight and regulation of wall street? because if you do, then governor romney is your candidate. >> did he, john, miss an opportunity to go further with the banks there? >> i mean, that was one of i think president obama's better lines in the debate because he was calling out in a limited way and halting way all of a sudden mitt romney saying that the problem with the dodd-frank was that it was a big kiss to the new york banks which is itself a surreal etch-a-sketch moment. the president
tax cut across the board. mitt romney never specified the deductions that he discusses and doesn't give specifications on, to say i don't have a tax cut is surreal and the president with malpractice not pushing back on that and demanding specifics. >> some of the president's supporters said he needed a cup of coffee or two after watching that. let's listen to this from the president, guys and then, john, i want your thoughts on this one. >> does anybody out there think that the big...
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by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll hp small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this morning on job creation this last month. there were fewer new jobs created this month than last month, and the unemployment rate, as you know, this year has come down very slowly, but it's come down, nonetheless. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. if you just drop out of the work force, if you just give up and say, look, i can't go back to work, i'm just going to stay home, if you just drop out altogether, why, you're no longer part of the employment statistics, so it looks like unemployment is getting better,
by the way, when you take that together with state income tax and real estate tax and gasoline tax and -- that means that small businesses that are highly acceptable will give half of what they've got to the government. that's going to kill jobs. i don't want to kill jobs. my priority is creating jobs. i'll hp small business do that with everything i can do. now, we can do better. we don't have to stay on the path we've been on. we can do better. there was a report that just came out this...
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, tax reforms on individual and corporate level. we need to take a look at things like education. interestingly, going back to the technology, we have a lot of americans out of work, but a lot of jobs in the technology field where we don't have enough skilled workers to fill them. maybe we need to look at education as well. >> read this quote from henry blodget, the business insider. here is what he said here. he said this is about our current system and philosophy. not sustainable. why not? they're creating a country of aful overlords and 300 million serfs, peasants. are you optimistic? will the middle class start rolling, bouncing back again? >> i'd like to say yes, i'm hopeful. but i think it really is going to -- i think this is going to take time and i think it is going to come down a lot to policies and regulations and what our tax structure looks like moving forward. i think it will come down to the political elections as well and what americans see for their future. >> morgan brennan, thank you. i'll go with you on the glass
, tax reforms on individual and corporate level. we need to take a look at things like education. interestingly, going back to the technology, we have a lot of americans out of work, but a lot of jobs in the technology field where we don't have enough skilled workers to fill them. maybe we need to look at education as well. >> read this quote from henry blodget, the business insider. here is what he said here. he said this is about our current system and philosophy. not sustainable. why...
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nobody knows what their tax rate will be. so companies who can put off hiring are putting it off. >> if you were to advise the romney camp because they're counting on stumping on the bad economy, bad job growth, all of that, what would you advise them right now? would they need to recraft their message? stay away from it? how do they capitalize on their message and at the same time, not contradict what the latest numbers and indicators are saying? >> well, mitt romney is right when he says the economy is not recovering enough, but i think he's got a problem which is that when people sort of intuitively feel things getting better and they hear a candidate who keeps saying things are not getting better. things are not getting better fast enough. he comes off as a gloomy gus. so i think the best thing romney can probably do is we know he's going to continue telling us what's wrong with the economy. he's generally right about that. he should start talking about some of the positive proactive things he plans to do to really reinvi
nobody knows what their tax rate will be. so companies who can put off hiring are putting it off. >> if you were to advise the romney camp because they're counting on stumping on the bad economy, bad job growth, all of that, what would you advise them right now? would they need to recraft their message? stay away from it? how do they capitalize on their message and at the same time, not contradict what the latest numbers and indicators are saying? >> well, mitt romney is right when...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private flight from the international space station. >> liftoff of the space x falcon 9 rocket. launching dragon to the international space station and returning cargo -- >> the unmanned capsule called dragon is on its way to the space station after separating from its rocket. it's carrying 1 240us pounds of cargo. the company has been contracted by nasa to fly a dozen flights to resupply the space station. >>> fearless felix, he is also known as felix baumgartner, and he has gotten to be pretty fearless. he actually is going to jump out of a balloon. this is 23 miles above the earth. this is exactly
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? ♪ ♪ we're lucky, it's not every day you find a companion as loyal as a subaru. love. it's what makes a subaru, a subaru. zoirchgs a space rocket blasted off from cape canaveral last night launching the fist private...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and every hour on the hour what is happening now. with barack obama and mitt romney had to spend hundreds of millions of dollars to define themselves for us while, of course, vilifying the other. that's why when i draw your attention to this documentary, that airs tomorrow night, on pbs, it is from the folks who bring us front line. here is just a preview. >> i got my start as a community organizer. >> i know how the private sector works. i know how jobs come. i know how they go. >> for years, these two men have been telling us their stories. >> he keeps a lot of his views to himself. >> he knows that every step he takes is a potential land mine. >> people havereat respect for obama and will still say
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> less than a month away now before election day. and how can we forget political ads, they remind us each and every hour on the hour what is happening now. with barack obama and mitt romney had to spend...
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struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies. >> i know. he tends to be quite wonkish at times and people listen and say what? >> well, that's right. it is important that ryan stick with the big picture and go after biden on the rising debt and our sky rocketed unemployment and talk about the failed last four years as opposed to being trying to get trapped in some of the bieden spiderwebs that he will try to weave. >> it appears that joe biden is really taking this seriously because the democrats don't want to repeat of the first debate, right? joe biden apparently has taken six days off and practicing, practicing, practicing, especially with zingers.
struggling over the last four years or that he wants to raise the obama administration wants to raise taxes by over a trillion dollars. this is the joe biden we want. joe biden has to be careful about going too hard at paul ryan because of just that, because of the gaffes and because he can look over bearing, and paul, a lot is riding on paul ryan, and we want to keep that momentum going from that first debate, and he has to be careful not to get into the weeds of some of these policies....
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific candidate. alison kosik is at the new york stock exchange. pizza hut is involved, free pizza for life. >> isn't that what you've always wanted, a free pizza party for the rest of your life? >> yes! >> you could also choose -- this is an even better option. the $15,000 in cash. if you don't want the pizza. if you want to win one of these things, you have to go rogue. pizza hut wants you to ask mitt romney or president obama, do you like sausage or pepperoni on your peeizza? at the next presidential debate october 16th, a townhall style debate. this could be kind of tough. the questions are typically prescreened
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> 45 minutes past the hour. one way to grab the undivide attention of undecided voters is to pull a stunt. a public relations stunt more about promoting and selling products than promoting a specific...
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plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself sound more centrist. ali velshi is here to make sense of what we heard last night. >> right. >> the first question on the tax cut proposal. the president is saying he's flip flopping. is he proposing $5 trillion in tax cuts? >> so this is a tricky one. what mitt romney is saying is he wants to reduce taxes across the board in every category. wherever you are coming down 20%. if you don't figure out where you're going to make up the taxes from, if you take 20% less from everybody it's over 10 years a $4.9 trillion loss and overstating it a little bit but there's a study that's been done and
plan calls for a $5 trillion tax cut on top of the extension of the bush tax cuts. that's another trillion dollars and $2 trillion in additional military spending that the military hasn't asked for. >> i'm not in favor of a $5 trillion tax cut. that's not my plan. my plan is not to put in place any tax cut to add to the deficit. >> now, today, the president is saying, hang on. that's not mitt romney. he says romney's changing the tune on the crucial issue of taxes to make himself...